Fully Regulated Australian Specialist Broker

Sunday, 15 January 2023

Dollar Pushes 7-Month Lows but Dive in Rate Forecast Cooling, VIX Connection Important

The broader measure of the US Dollar – the DXY Index – dropped its lowest level since early June this past week. The reversal seems productive with the 2022 run up providing plenty of premium to burn, but the fundamental backing to this move is less reliable than bears may appreciate.

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